1 of 44
Công Cụ
Size
2,810 Bộ vg
interior
0.09 Mẫu Anh
Exterior
Financial
$997,500
Change Currency
$355
Price Per Sqft
$7,600
Annual taxes
Listing Details
Đa gia đình
Loại tài sản
1936
Năm xây dựng
7985891
Id Web
DCDC2129360
MLS ID
69
Days Posted
Miêu tả
1017 17th Place NE, Washington, DC 20002
***EXCELLENT OPPORTUNITY FOR DEVELOPER*** Welcome to 1017 17th Place NE a multiple unit apartment building located in the subdivision of Trinidad/Langston Carver, Washington DC. Each unit offers 1 bedroom/1 bath with extended bump out. Excellent opportunity for a multiple unit condo conversion. Lot size: 3,744 s/f; Zoning RA-2; NO PLANS OR PERMITS. Very deep rear yard. Parking up to 3-4 vehicles. Projected Condo Project: 8 units = (8) 2-bdrm at 1,074 s/f each ($483 s/f), Total s/f = 8,598; ARV = $4,152,834. Projected Construction Cost: Acquisition Cost $997,500; Construction Cost: $1,418,670 ($165+ per s/f x 8,598 s/f of living area); Paid Commissions (5%): $207 642; Carrying Cost at 8%: $302,240 (18 months); Plans & Permits: $50,000; Legal Fees: $10,000; Total Acquisition & Construction Cost: $3,038,552; Profit: $1,114,552; ROR: 36.6%; Very HOT area for new development. 3 UNITS are vacant. Unit #4 is occupied. PLEASE NOT DISTURB TENANT. PROPERTY WILL CONVEY VACANT.
This is an Pending listing.
Broker Office Phone Number: 202-387-6180
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 202-387-6180
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Lịch sử giá cả
date | Giá | variance | type |
---|---|---|---|
7/10/2023 | $997,500 | 5.00 % | giảm |
4/26/2023 | $1,050,000 | - | Liệt kê |
Listing By: Coldwell Banker Realty - Washington via Data Source: Bright MLS
đại lý niêm yết: Al Rice